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AI Insights · Timothy · July 2022

Top News & Magazines Apps in South Africa: Q2 2022 Performance

An overview of the performance of the top 5 news and magazines apps in South Africa during Q2 2022, showcasing trends in downloads, revenue, and active users.

Top News & Magazines Apps in South Africa: Q2 2022 Performance

In the second quarter of 2022, the top 5 news and magazines apps in South Africa demonstrated varied performance across downloads, revenue, and active users. Here’s a closer look at the trends for each app based on Sensor Tower data.

News24: Trusted News. First saw a notable increase in weekly revenue, peaking at approximately $15.4K in the week of May 9. Weekly downloads fluctuated, reaching a high of 1.7K at the end of March and maintaining a steady rate around 1.4K towards the end of June. The app’s active users started at 182K and gradually declined to 157K by the end of the quarter.

Magzter: Magazines, Newspapers experienced a varied revenue stream, peaking at around $4K in the week of May 23. Download numbers remained relatively stable, with a maximum of 248 downloads in mid-April. Active users showed a slight decline from 2.1K at the beginning of the quarter to 1.8K by the end.

Bloomberg: Finance Market News had a significant spike in revenue, particularly in mid-April, reaching $6K. Weekly downloads were consistent, averaging around 400, while active users hovered around the 3.5K to 4.2K range throughout the quarter.

Netwerk24 – Alles op een plek! showed consistent revenue, peaking at approximately $10.3K in early May. Downloads remained steady, with weekly figures ranging from 500 to 800.

Medium saw a gradual increase in revenue, peaking at around $1.5K at the end of June. Downloads showed a downward trend, starting at 719 in late March and dropping to 374 by the end of the quarter. Active users also declined from 3.2K to 2.4K over the same period.

For more detailed insights and data, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2022